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27 Commodities Increased in Prices
Dec 5, 2012It was assessed by SunSirs that in the tracked 100 spot commodities,27 commodities increased in prices, 33 fell and 40 remained unchanged on 03/12/2012.The largest rises were Nickel (2.95%),Hydrochloric acid (2.94%),Bromine (1.27%),while ...
Tags: Spot Commodities Price, commodities Price, spot commodities
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The Average Spot Price of Methanol in The US Was $1.2701/Gal FOB US Gulf
Dec 5, 2012The average spot price of methanol in the US for November was $1.2701/gal FOB US Gulf, the highest spot average since September 2008 when it was $1.40/gal FOB US Gulf. This is an increase of 4.15 cents, or 3.37%, from October's average ...
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The Natural Gas Development Plan Was Approved by The State Council in October
Dec 5, 2012China will consider linking gas prices across the value chain as well as the establishment of a national natural gas trading market during the current 12th Five Year Plan period to 2015, according to an official development plan for natural ...
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Oman's Octal Petrochemicals Is Still Offering Polyethylene Terephthalate in Europe
Dec 5, 2012Oman's Octal Petrochemicals is still offering polyethylene terephthalate in Europe despite a force majeure, contrary to suggestions by some market sources, the company's managing director said Thursday. A European PET converter said ...
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The NDRC Did Not Provide Year-Ago Comparisons
Dec 5, 2012China's commercial inventories of oil products in 13 grain-producing provinces held by state companies Sinopec and China National Petroleum Corp. totaled 3.78 million mt as of November 25, the National Development and Reform Commission said ...
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There Will Be a Slightly Rising Tendency of Soda Ash Market in The Near Future
Dec 5, 2012(China Glass Network) With stable operation and increasing trading volume of the market, inventory of soda industry has decreased to normal level, which will also drive rising in price of soda ash products. Price of soda industry is now ...
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Williams Energy Will Apply in Early 2013 to Alberta's Energy Resources Conservation Board
Dec 5, 2012Williams Energy will apply in early 2013 to Alberta's Energy Resources Conservation Board to build a natural gas liquids and olefins processing facilities in the province, even as it aims to add a new petrochemical value chain, the ...
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The Operator of a Gulf of Mexico Production Platform Had a History of Safety Violations
Dec 5, 2012The operator of a Gulf of Mexico production platform that was the site of an explosion on November 16, which killed at least one crew member, had a history of safety violations, the top US offshore drilling regulator said Wednesday. The ...
Tags: explosion, Gulf of Mexico, safety violations
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Styron Plans to Increase Polycarbonate Prices in Europe by Eur230/Mt
Dec 5, 2012Styron plans to increase polycarbonate prices in Europe by Eur230/mt ($294/mt) in December due to squeezed margins, it said in a statement Wednesday. "Following the elevation in costs of the key raw materials associated with the ...
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Attock Petroleum Limited Was Looking Into The Possibility of Buying Chevron's Fuel Assets
Dec 5, 2012Attock Petroleum Limited, Pakistan's third-largest oil distributor, said Wednesday it was looking into the possibility of buying Chevron's downstream fuel assets in Pakistan and Egypt. In a filing with the Karachi stock exchange, Attock ...
Tags: Attock Petroleum, oil distributor, Chevron's downstream fuel assets
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The Production of Ethylene and Propylene Has Been Fully Resumed at Stavrolen
Dec 4, 2012The production of ethylene and propylene has been fully resumed at Stavrolen petrochemical complex (a LUKOIL subsidiary) in Budennovsk. Both these substances were then forwarded to units producing polyethylene and polypropylene. Thus, ...
Tags: ethylene production, propylene production, ethylene, propylene
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Caustic Soda Plant Will Be Setted up by Gacl-Nalco at Dahej,Gujarat
Dec 4, 2012Addressing the 39th Annual General Meeting of Gujarat Alkalies and Chemicals Limited (GACL), the Chairman Shri A.K. Joti, IAS announced an all time high sales of Rs.1863 crore, registering a growth of 19.35% in a challenging Financial Year ...
Tags: caustic soda, caustic soda plant
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Technip Receives Feed Deal for Dow Ethylene Plant in Texas
Dec 4, 2012Technip was awarded by The Dow Chemical Company the front-end engineering and design (FEED) contract and cracking furnaces engineering and procurement services for a previously announced new large world-scale ethylene production plant to be ...
Tags: ethylene plant, cracking furnaces engineering, ethylene production
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Shinkong Has Reduced Capacity Rates at Its Pet Plant and Has Also Planned a Turnaround
Dec 4, 2012Taiwan-based Polyethylene Terephthalate (PET) producer - Shinkong Synthetic Fibers has reduced capacity rates at its PET plant and has also planned a turnaround. “The PET plant is currently operating at 85 percent production ...
Tags: Polyethylene Terephthalate, PET, PET plant, Synthetic Fibers
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New Pta Plant Has LED to a Rise in Demand and Consequently an Increase in Imports of Px
Dec 4, 2012Two new purified terephthalic acid (PTA) plants have become operational in China, which has led to a rise in demand and consequently an increase in imports of paraxylene (PX) in September 2012. A new plant with capacity to produce 1.5 ...
Tags: PX imports, purified terephthalic acid, paraxylene, PX
